Examlex
Research shows that the most effective way to deter fraud is:
Inherent Rewards
Inherent Rewards are the personal satisfaction and inner fulfillment individuals receive from engaging in meaningful work or accomplishing a task.
Gainsharing Plan
A performance-related pay strategy designed to involve employees in improving productivity through sharing the resultant financial gains.
Profit Sharing Plan
A benefit plan where employees receive a portion of the company's profits, typically in the form of annual bonuses, aligning their interests with the financial success of the organization.
Piece Rate
A pay plan in which workers are paid a fixed sum for each unit of production completed.
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